Hammer Candlestick Chart Pattern The Hammer candlestick pattern is a key bullish reversal pattern that appears after a downtrend. It signals a potential change in momentum from selling pressure to buying interest. Traders and investors use this...
Zigzag Chart Pattern A Zigzag Chart Pattern is a technical analysis pattern used in financial markets to identify price movements that follow a sharp up-and-down sequence. It is often seen in trends where price corrections or retracements occur...
Gold prices surged to a new all-time high of $2817 on Friday, buoyed by weaker-than-expected US economic data that fueled speculation of potential Federal Reserve interest rate cuts. This impressive rally saw the XAU/USD pair, representing the price...
EUR/USD The past week on the hourly chart of the euro dollar was a decline. On Tuesday, there was a sell signal that did not work out. On Wednesday, there was a buy signal that did not work out. Then, when the price broke the level from top to...
Forecast of Silver Silver frequently crossed the moving average lines to the downside and many times to the upside when the price activity on the daily time frame chart was along the lines of the moving average over the last few trading days. On...
